Initial Coin Offerings

TokenSoft to Expand Support to Stellar Protocol

TokenSoft, an ICO services platform, is officially introducing support for projects on the Stellar lumens protocol.

UAE Market Regulator to Treat ICO Tokens as Securities

UAE’s Securities and Commodities Authority (SCA) has presented a new resolution aimed at approving regulations. The regulations are set to deem digital currencies as securities and introduce controls over ICOs.

Court Rules Against Alleged Fraudulent ICOs Perpetrator

A federal judge has ruled that fraudulent ICOs can be prosecuted under securities law.

2018 Sees ICO Funding Low, Figures Not Seen Since 2017

ICO funding figures began to drop during the early part of the second quarter.

Pigzbe Reaches $7.2M After First Day of ICO

London-based FinTech startup Pigzbe has reached $7.2 million in funding through its ICO.

SK Regulatory Official Calls for Broader Cooperation for International Crypto Regulation

Through a statement, Financial Supervisory Service (FSS) Governor Yoon Suk-heun remarks about the possibility of further cooperation.

Blockchain Experts & European Parliament Members Discuss ICO Regulation

Blockchain experts and European Parliament members have met on September 4 to discuss the possible regulation for ICOs.

SK Legislator Proposes a Regulation-Free ICO Sandbox

Legislator Jong Buyung-guk has offered a proposal concerning the matter. The lawmaker believes that South Korea needs to follow Gibraltar’s example when it comes to coin offerings.

New Google Chrome Extension Alerts Crypto Investors

A new Google Chrome extension called “Uppward” was developed to flag suspicious ICO websites.

SEC Hits “Fraudulent” ICO Founder with $30K Fine and Permanent Ban

The government agency states that it has acquired officer-and-director and penny-stock bars against David Laurence and his firm, the Tomahawk Exploration LLC.

District Court Serves “Final Default Judgment” Against ICO Scam

A U.S. federal judge has ruled in favor of several plaintiffs accusing a crypto startup of bilking over $1 million in cryptocurrencies. 

ETH Drops 17%; Investors Blame ICO Sell-Off

One key element in the sharp drop was the high level of selling pressure placed upon ETH by initial coin offerings (ICOs), as projects seek to liquidate their crypto coffers for fiat.

South Korea’s Jeju Island Aims to Become a Blockchain Hub

Jeju Island, the largest province off the coast of South Korea, is working towards becoming a free zone for initial coin offerings (ICOs) despite the country’s hard stance on token sales.

Singapore Sees First ICO Launch by a Public Firm

Singapore Exchange Securities Trading-listed Y Ventures Group has revealed a plan of developing a Blockchain-based e-commerce system in July. Towards the end of the last month, the platform has also sent the sale of its proprietary AORA token live.

Ex-Aussie Cricket Star Receives Flak for Endorsing ICO

The former Aussie cricket team captain endorsed a company seeking to develop a platform described by SmartCompany as “part social network, part cryptocurrency exchange.”